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According to final figures at the close, the Dow Jones index, which crossed the 36,000 point mark at the start of the session, ended up 0.26% to 35,913.84 points, a new record.
The technology-intensive NASDAQ advanced 0.63% to 15,595.92 points, a new high, as for the S&P 500 which gained 0.18% to 4,613.67 points.
Toronto’s S & P / TSX Composite Index gained 209.94 points to end the session with 21,247.01 points.
In the currency market, the Canadian dollar traded at an average of 80.85 cents US, up from 80.75 cents US on Friday.
On the New York Commodities Exchange, the price of crude oil gained 48 cents US to US $ 84.05 per barrel, while that of natural gas fell 24 cents US to US $ 5.19 per barrel. million BTUs.
The price of gold climbed from US $ 11.90 to US $ 1,795.80 per ounce, while the price of copper fell 2.6 cents US to US $ 4.39 per pound.
“The strong earnings season continued to support investor morale,” analysts at Wells Fargo summed up.
“The results of the third quarter continue to portray a positive image” of activity “but the market also continues to weigh expectations on the monetary side, while policies could soon harden,” added Schwab analysts.
On Tuesday and Wednesday, the US Central Bank (Fed) is meeting and is expected to announce the implementation of a gradual reduction in liquidity injections into the financial system, which have supported the recovery during the pandemic.
“The Fed will not raise rates, but its meeting should end with the announcement of a plan to reduce asset purchases,” noted Patrick O’Hare of Briefing.com.
Investors will then monitor the monetary meetings of the Central Banks of England and Australia.
The week will be busy again in quarterly results with in particular those of the company of electronic payments Square, of the renters of cars with driver Lyft and Uber, of Airbnb and of the laboratory Pfizer.
Eight of the eleven sectors of the S&P are anchored in the green, driven by energy (+ 1.55%) then consumer products (+ 1.46%). The sectors in negative territory were communication services (-0.66%) and to a lesser extent information technologies (-0.08%).
Soda giant Coca-Cola lost 0.35% to $ 56.17 after announcing the $ 5.6 billion buyout of the entire remaining capital of sports drink company BodyArmor.
Collaborative gaming platform Roblox, which faced a two-day outage this weekend caused by an internal problem, lost 3.43% to $ 81.14.
COVID-19 vaccine maker Moderna dropped 2.33% to $ 337.17 after indicating on Sunday that the US health authority was delaying the green light on injecting its serum into adolescents to better assess the risks of myocarditis.
Motorcycle maker Harley-Davidson jumped 9.07% to $ 39.80 after Washington and the European Union agreed Sunday on additional tariffs on European steel and aluminum.
In exchange for the lifting of these punitive rights, the Europeans renounce their retaliatory measures which consisted in imposing from 1is December additional taxes on iconic American products ranging from Bourbon to jeans through the motorcycles of the famous American brand.
In the bond market, rates on 10-year Treasury bills, which had climbed to 1.60% during the day, stabilized at 1.55% around 4:30 p.m.
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Related
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According to final figures at the close, the Dow Jones index, which crossed the 36,000 point mark at the start of the session, ended up 0.26% to 35,913.84 points, a new record.
The technology-intensive NASDAQ advanced 0.63% to 15,595.92 points, a new high, as for the S&P 500 which gained 0.18% to 4,613.67 points.
Toronto’s S & P / TSX Composite Index gained 209.94 points to end the session with 21,247.01 points.
In the currency market, the Canadian dollar traded at an average of 80.85 cents US, up from 80.75 cents US on Friday.
On the New York Commodities Exchange, the price of crude oil gained 48 cents US to US $ 84.05 per barrel, while that of natural gas fell 24 cents US to US $ 5.19 per barrel. million BTUs.
The price of gold climbed from US $ 11.90 to US $ 1,795.80 per ounce, while the price of copper fell 2.6 cents US to US $ 4.39 per pound.
“The strong earnings season continued to support investor morale,” analysts at Wells Fargo summed up.
“The results of the third quarter continue to portray a positive image” of activity “but the market also continues to weigh expectations on the monetary side, while policies could soon harden,” added Schwab analysts.
On Tuesday and Wednesday, the US Central Bank (Fed) is meeting and is expected to announce the implementation of a gradual reduction in liquidity injections into the financial system, which have supported the recovery during the pandemic.
“The Fed will not raise rates, but its meeting should end with the announcement of a plan to reduce asset purchases,” noted Patrick O’Hare of Briefing.com.
Investors will then monitor the monetary meetings of the Central Banks of England and Australia.
The week will be busy again in quarterly results with in particular those of the company of electronic payments Square, of the renters of cars with driver Lyft and Uber, of Airbnb and of the laboratory Pfizer.
Eight of the eleven sectors of the S&P are anchored in the green, driven by energy (+ 1.55%) then consumer products (+ 1.46%). The sectors in negative territory were communication services (-0.66%) and to a lesser extent information technologies (-0.08%).
Soda giant Coca-Cola lost 0.35% to $ 56.17 after announcing the $ 5.6 billion buyout of the entire remaining capital of sports drink company BodyArmor.
Collaborative gaming platform Roblox, which faced a two-day outage this weekend caused by an internal problem, lost 3.43% to $ 81.14.
COVID-19 vaccine maker Moderna dropped 2.33% to $ 337.17 after indicating on Sunday that the US health authority was delaying the green light on injecting its serum into adolescents to better assess the risks of myocarditis.
Motorcycle maker Harley-Davidson jumped 9.07% to $ 39.80 after Washington and the European Union agreed Sunday on additional tariffs on European steel and aluminum.
In exchange for the lifting of these punitive rights, the Europeans renounce their retaliatory measures which consisted in imposing from 1is December additional taxes on iconic American products ranging from Bourbon to jeans through the motorcycles of the famous American brand.
In the bond market, rates on 10-year Treasury bills, which had climbed to 1.60% during the day, stabilized at 1.55% around 4:30 p.m.
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